Buying AMZN and shorting CAT today (10/4/2017)

Discussion in 'Stocks' started by hajimow, Oct 4, 2017.

  1. You're starting to sound like a hedge-fund manager ...
     
    #11     Oct 4, 2017
  2. ironchef

    ironchef

    Thanks.
     
    #12     Oct 4, 2017
  3. hajimow

    hajimow

    By posting my trades, I have two intentions.
    1- Not to forget my bad trades as they are there on line
    2- If I am wrong, others might criticize my trades and I would find some other thoughts.
    Note: Everyone knows that I cannot manipulate stocks by posting my trades. Let's say in the extreme case my post causes other traders to short CAT 1000 shares. Will it make any difference? Even it might have negative effect as they are not comfortable with this trade and expect a quick profit, might end up covering with loss that might push the stock higher.
    Those who trade in big accounts do not need my advice and have their own system or way of trading and those who want to follow me, do not have money to do that.
    Once I attended in one of the local trading clubs and I realized, either attendees are either broke or only have less than $500 in their account or are there to find their mates and I quit !!!
     
    #13     Oct 4, 2017
  4. Cuddles

    Cuddles

    Moved some cash to pick more Amazon before holiday season, and it's just been sitting there. Thanks for reminding me
     
    #14     Oct 5, 2017
  5. Chris Mac

    Chris Mac

    Now ? Hajimadow shorts CAT and strong stocks for months / years.
    But Hajimadow doesn't trade real money, you know? As Madoff

    CM


    upload_2017-10-5_11-42-50.png

    upload_2017-10-5_11-41-12.png
     
    #15     Oct 5, 2017
  6. hajimow

    hajimow

    Haha. You want proof? Here is the proof. You cannot handle the truth.
    Just this week's trade on CAT and the week is not over.
    CAT.JPG
     
    #16     Oct 5, 2017
  7. hajimow

    hajimow

    By the way I sold my AMZN shares with over $10 per share profit in less than 24 hours.
     
    #17     Oct 5, 2017
  8. hajimow

    hajimow

    Exactly and because of those trades I am making money. All those stocks swing a lot. If I had lost money, I would have given up and I was in my cave. You see that I am still roaring.
     
    #18     Oct 5, 2017
  9. 777

    777

    I would prefer to be long Cat into the earnings as the probabilitis and EV favor (in my opinion) the continued bullish hopes of a good earnings release; possibly short on the release. Amazon; well I would not mind adding it to a long-term portfolio.

    Good luck.
     
    Last edited: Oct 6, 2017
    #19     Oct 6, 2017
  10. hajimow

    hajimow

    Now I am buying COST at 157 and hedging it with selling AMZN at 987. The same dollar amount.
     
    #20     Oct 6, 2017